Airbus Scraps Qatar Airways Jet Deal Amid Paint Spat
Airbus EADSY 1.94% SE has scrapped a deal valued at billions of dollars to supply Qatar Airways with 19 of...
Transportation
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
What CEOs Are Saying: ‘Situation Seems Worse Than It Did a Quarter Ago’
Here is what some of the world’s corporate leaders said in their quarterly earnings reports this week about the economy,...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
Procter & Gamble Sounds a Warning After Strong Quarter
Procter & Gamble Co. PG -6.18% , maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth...
JetBlue Agrees to Buy Spirit Airlines for $3.8 Billion After Frontier Deal Dies
JetBlue will pay $33.50 in cash for each share of Spirit, including a prepayment of $2.50 a share payable once...
Spirit and Frontier End Merger Agreement
Spirit shareholders had been resistant to a Frontier deal amid a bidding war with JetBlue. Photo: Eva Marie Uzcategui/Bloomberg News...
Airlines Are Making Money Again, but They Can’t Keep Up With Surging Travel Demand
Rising costs and airlines’ operational stumbles are taking some of the shine off a summer marked by an insatiable appetite...
Protesting Truckers Pledge Extended Blockade of Port of Oakland
Truckers say they are prepared to block the West Coast’s third-busiest container port until California Gov. Gavin Newsom listens to...
Uber Agrees to Pay Penalties After Overcharging People With Disabilities
The Justice Department said it settled a case with Uber Technologies Inc. that alleged the ride-hailing company wrongfully charged wait-time...
Air Travel Is Broken. Here’s Why.
This summer was supposed to mark the rebirth of commercial aviation after two years of travel restrictions left the industry...
Emirates, Heathrow Reach Agreement Over Passenger Cap
LONDON—Emirates and London Heathrow Airport reached an agreement under which the airline, the world’s biggest by international traffic, will cap...
Frontier Asks Spirit Airlines to Further Delay Shareholder Vote on Deal
Frontier ULCC -0.23% Group Holdings Inc. said it is done bidding against rival JetBlue JBLU -2.25% Airways Corp. for Spirit...
Spirit Airlines to Again Delay Shareholder Vote on Frontier Deal
Spirit Airlines Inc. SAVE -1.93% will again postpone a shareholder vote on a merger with Frontier Group Holdings Inc. ULCC...
Air Travelers Cope With Busy July Fourth Holiday Weekend
Travelers faced a busy and sometimes aggravating July Fourth weekend at U.S. airports enduring staffing shortages and other strains, but...
American Airlines Computer Glitch Disrupts Pilots’ Schedules
American Airlines Group and the union that represents its pilots are discussing extra pay for some pilots to compensate them...
Airbus Wins First Major China Jet Order Since Before Pandemic
China placed a large order on behalf of three of its biggest airlines for close to 300 jets from Airbus...
FedEx’s New Boss Faces Strategic Choice as Package Volumes Fall
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Spirit-Frontier Deal Backed by ISS
Listen to article(1 minute)Proxy advisory firm Institutional Shareholder Services Inc. recommended Spirit Airlines investors vote for a proposed merger with...
Spirit Airlines Sticks With Frontier Deal After Sweetened Offer
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